MACD stands for Moving Average Convergence Divergence.

The indicator is made up of 2 lines. The MACD Line (fast line) and MACD Signal Line (slow line).

When the MACD Line crosses over the MACD Signal Line, the trend is bullish.

When the MACD Line crosses below the MACD Signal, the trend is bearish.

In this blog, I will provide list of stocks that are listed in KLSE Stock Exchange based on

1. MACD Line crosses above MACD Signal for bullish trend.
2. MACD Line crosses below MACD Signal for bearish trend.
3. Volume traded > 100,000 shares.

Wednesday, December 3, 2008

Scan 3 Dec 08

Symbol TypeDateClose PriceVolume
CB INDUSTRIAL PRODUCT HOLDING BBearish12/3/20081.97133700
INTEGRATED LOGISTICS BHDBearish12/3/20080.525113000
I-POWER BHDBearish12/3/20080.125677600
MALAYSIA STEEL WORKS (KL)BHDBearish12/3/20080.64222500
PALETTE MULTIMEDIA BHDBearish12/3/20080.04289500
POLY GLASS FIBRE (M) BHDBearish12/3/20080.38142000
RHB CAPITAL BHDBearish12/3/20083.461042000
TIME ENGINEERING BHDBearish12/3/20080.105633700
YONG TAI BHDBearish12/3/20080.27104500
AMMB HOLDINGS BHDBullish12/3/20082.083128600
LEADER UNIVERSAL HOLDINGS BHDBullish12/3/20080.45212900
LION CORPORATION BHDBullish12/3/20080.205513900
MALAYAN UNITED INDUSTRIES BHDBullish12/3/20080.155360000
MULPHA INTERNATIONAL BHDBullish12/3/20080.361812500
VTI VINTAGE BHDBullish12/3/20080.085179900
WELLI MULTI CORPORATION BHDBullish12/3/20080.065104400
YUNG KONG GALVANISING INDUSTRIEBullish12/3/20080.31132000